Downside Prevails
Our Pivot: 1716.17
Our Preference: Short sell below 1711.08 with strict stop loss of 1716.17 and target at 1702.16 and 1697.90.
Alternate Scenario: Upward penetration of 1716.17 will call for 1723.95.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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